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Tether Responds to UN Report Alleging Involvement in Illicit Activity, Disputes Claims
16.1.2024
Major stablecoin firm Tether has responded to the United Nations (UN) report highlighting the alleged involvement of the Tether stablecoin USDT in illicit activity. Tether Challenges UN Report and Calls for Blockchain Education Read more ⬇️https://t.co/RM474wIiqo — Tether (@Tether_to) January...
Ukrainian Police Collaborate With Europol to Apprehend Alleged Cryptojacking Mastermind
16.1.2024
The Ukrainian police, in collaboration with Europol, recently apprehended the alleged mastermind behind a cryptojacking scheme. According to a statement released by Europol, the arrest underscores why the private sector should collaborate with law enforcement. Law Enforcement and Private Sector...
Federal Reserve’s Rate Cut Could Spark Institutional Interest in DeFi and Stablecoins, Fidelity Predicts
15.1.2024
The United States Federal Reserve’s potential interest rate cut could reignite major institutional interest in decentralized finance (DeFi) and stablecoins, according to asset manager Fidelity. In their recently released 2024 Digital Assets Look Ahead report, Fidelity suggests that this...
UN Report Highlights Tether’s Rising Role in Money Laundering Across Southeast Asia
15.1.2024
In a recent report released by the United Nations Office on Drugs and Crime, Tether, one of the world’s largest stablecoin Tether, has been identified as a prominent tool employed by money launderers and fraudsters operating in Southeast Asia. The report sheds light on the increasing use...
Worldcoin Hits New Record in Argentina, Adoption in India Still High
12.1.2024
Source: Worldcoin Worldcoin has hit a new record in Argentina and released an update to the verification process. A spokesperson talked with Cryptonews about plans in 2024, Worldcoin surpassing the 5M-accounts milestone, the successful Shopify integration, and continued World App adoption in India...
Web3 Fundraising Fell 70% Per Quarter Last Year, Female Startups Receive 6.3%: Bitget
11.1.2024
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange Bitget has released a report on blockchain funding across 2022 and 2023 highlighting the latest trends including gender disparities in the present VC ecosystem. In a Jan 11 release, the exchange revealed that blockchain startups have...
Unveiling a Hidden Crypto Gem: Lucky Block V2 Emerges as iGaming Game-Changer
10.1.2024
Wednesday 10th of January – Lucky Block Casino has released a new updated whitepaper jam-packed with new utility features for the newly integrated $LBLOCK V2 token that runs on the Ethereum blockchain. $LBLOCK V2 has begun trading with newly fueled liquidity provision on the Uniswap...
FINRA’s 2024 Report Highlights Emergence of Crypto-Related Compliance Risks
10.1.2024
Source: Adobe American self-regulatory body, the Financial Industry Regulatory Authority (FINRA), has added crypto considerations for companies to its annual oversight report, released Tuesday. ???? We've published the 2024 FINRA Annual Regulatory Oversight Report to share key insights...
BitPay Enables Gucci, Movie Ticket, and Mortgage Purchases with BNB, Chainlink
9.1.2024
Source: Kanchanara on Unsplash BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has unveiled an enhanced payment experience for its crypto customers, which is set to roll out this week. According to a blog post released on January 9, Bitpay will support dozens of...
Solana Ecosystem Boasts Over 2,500 Monthly Active Developers, Reports Solana Foundation
9.1.2024
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000...
New York DFS “Needs to Do More” on BitLicense program: State Comptroller
9.1.2024
Source: Pixabay Thomas DiNapoli, New York State Comptroller, highlighted that there is a potential deficiency in the state’s financial regulator’s supervision of virtual currency licenses. The Office released a report stressing that the Department of Financial Services (DFS) “needs to...
ETFs Are Tots Coming, ETFs Are Not Coming, ETFs Are ETFing and 20 Crypto Jokes
6.1.2024
  Source: AdobeStock / Monkey Business This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: unsurprisingly, ETF discussions. While Tuttle Capital Management filed for six new Bitcoin ETFs...
Hashdex Launches New Commercial for Spot Bitcoin ETF
5.1.2024
Source: AdobeStock Hashdex, an asset management firm, has released a new commercial ahead of the upcoming US Securities and Exchange Commission (SEC) decision on the listing of spot Bitcoin exchange-traded funds (ETFs) in the country. On January 5, Hashdex posted an advertisement on X (formerly...
CryptoZoo Investors Offered Refunds a Year After Promised by Logan Paul
5.1.2024
Source: a video screenshot, Logan Paul / YouTube YouTuber Logan Paul is offering refunds for the never-released CryptoZoo NFT game – if he deems the NFTs eligible “in his sole discretion.” Also, former owners relinquish all right to sue. Announced in 2021, CryptoZoo was supposed...
Nigeria’s Central Bank Rolls Out Regulations For Financial Institutions Dealing with VASPs
4.1.2024
Source: AdobeStock The Central Bank of Nigeria (CBN) has issued new regulations to guide banks and other financial institutions that offer domestic accounts for virtual assets service providers (VASPs). In an official circular released on its website on Jan 3, the country’s leading banking...
Crypto Assets Under Management Surged 14% as Daily Trading Volumes Recorded 33% Increase in December
4.1.2024
Source: Adobe / Luisa The digital asset market recorded massive highs on several fronts in Q4 2023 as institutional investors tightened their bullish grip on the market in anticipation of a spot Bitcoin (BTC) ETF approval in the United States. A new report released by CCData on the fourth quarter...
dYdX Reveals Post-Mortem Findings: Identifies Attacker and Considers Legal Measures
4.1.2024
Image Source: Unsplash Decentralized exchange dYdX has released a post-mortem report detailing the “targeted attack” it experienced on its v3 platform in November. The attack resulted in a $9 million loss from its insurance fund, which represented approximately 40% of its total...
Federal Reserve Expects Rate Cuts in 2024 But Path Remains Foggy, Minutes Reveal
3.1.2024
FOMC minutes point to rate cuts by 2024 but a foggy path ahead as the U.S. Federal Reserve stresses a data-dependent approach. Image by Fareed Mindalano, DALL-E 3. The U.S. Federal Reserve expects to begin cutting interest rates in 2024, according to the minutes from the Federal Open Market...
Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024
3.1.2024
  Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023. According to its recently released year-end report, the crypto exchange Bitget has reported aggressive workforce expansion and a significant increase in its user base...
Way Too Many Games Were Released On Steam In 2023
2.1.2024
Steam is by far the most peculiar of online storefronts. Built on top of itself for the last twenty years, Valve’s behemothic PC game distributor is a clusterfuck of overlapping design choices, where algorithms rule over coherence, with 2023 seeing over 14,500 games released into the mayhem. Which...